Air Freight News
Jet Air creditors to ask curt to extend liquidation deadline
Creditors of Jet Airways India Ltd. are seeking court action to save the bankrupt carrier from liquidation as a key deadline looms.
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Lufthansa freezes hiring as coronavirus outbreak squeezes demand
Deutsche Lufthansa AG is adopting a package of cost-saving measures, including a hiring freeze, as the economic fallout of the coronavirus starts to bite. The…
Crisis-hit Cathay says 25,000 staff to take unpaid leave
More than 25,000 Cathay Pacific Airways Ltd. staff are taking unpaid leave, underscoring the depth of the airline’s troubles as it contends with the coronavirus.
China’s virus-hit airlines are showing signs of recovery
China’s airline industry could be showing the first signs of recovery after dramatically shrinking over the past month as the spreading coronavirus led to thousands…
US airline rout worsens with American hitting record low
U.S. airlines posted the biggest two-day drop in more than three years on deepening fears that the spread of the coronavirus will further stymie travel.
Boeing 737 Max crisis delays Carlyle aerospace deal
Private equity giant Carlyle Group has paused the sale of an engine-parts maker because of uncertainty about the Boeing 737 Max, which has been grounded…
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American Air ends Qatar feud with eye on future Doha flights
American Airlines Group Inc. set the stage for possible flights to the Middle East after it set aside a long-running quarrel with Qatar Airways to…
Boeing’s first order of 2020 Is bad news for Rolls-Royce
Boeing Co. has secured its first order of 2020 as it battles with the grounding of the 737 Max, with Japan’s ANA Holdings Inc. confirming…
Boeing CEO faces long to-do list to collect $7 million bonus
Boeing Co. Chief Executive Officer Dave Calhoun stands to reap a $7 million bonus once the planemaker finally gets the grounded 737 Max jetliner back…
FAA orders broad revamp of pilot training after safety lapses
U.S. airline pilots will receive mentoring and revamped training under a sweeping new regulation designed to address air-crash revelations in which crews didn’t follow basic…